Cybersecurity: The Need for Corporations and Governments to Cooperate


As cyber attacks on corporations become more frequent and more costly, there's a growing need for effective public-private cyber-security collaborations, according to a new paper released by the New York University Center on Law and Security.

The paper outlines challenges and potential opportunities for partnerships between private companies and public agencies working to fend off hackers and data thieves.

“While the private sector has crucial insight, expertise, and resources for combating cyberthreats, the government is uniquely positioned to investigate, arrest, and prosecute cybercriminals,” writes the paper's author, Judith Germano.

But there are barriers to effective cooperation, according to the paper. They include a reticence among many companies to work with government agencies, unless they're in crisis mode.

Major categories of obstacles include, “issues surrounding trust and control of incident response; questions about obligations regarding disclosure and expo-sure; the evolving liability and regulatory landscape; challenges faced in the cross-border investigation of cybercrime; and (5) cross-border data transfer restrictions that impede the ability of companies to respond nimbly to cyberthreats and incidents,” Germano writes.

Read the full paper HERE.

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